To Rep. Alexandria Ocasio-Cortez, it embodies “a shadow of slavery’s power.” To the New York Times editorial board it represents “a living symbol of America’s original sin.” To filmmaker Michael Moore, it advances a “racist idea.”
Tech investors celebrate a future of self-driving taxis and low labour costs as gig economy platform companies such as Lyft and Uber go public. But workers spy disaster. In more and more industries, the low-skilled suffer declining pay and hours. McKinsey estimates that 60 per cent of occupations are at risk of partial or total automation.
Hoover Institution fellow Thomas Sowell says that reparations are not going to happen but the attempt to make it happen will polarize the country. Sowell said reparations are another left-wing idea that sounds so wonderful that people never stop to ask can we actually do this?